The Union Minister for
Commerce, Industry & Textiles of India, Shri Anand Sharma, and Minister
of Industry & Trade of the Czech Republic, Mr. M Kuba jointly
inaugurated the "India Show" in Brno, Czech Republic at the MSV
Fairground on the morning of September 10, 2012. Minister Anand Sharma
led a high level business delegation participating in the India Show.
Over 135 companies belonging primarily to India’s engineering sector are
participating, showcasing their strengths and capabilities with respect
to Indian products, technologies and services during this entire week.
These companies represent the entire scale of India’s engineering
strengths; encompassing large, medium and the small scale sectors.
Minister Sharma called on the Czech President Mr. Vaclav Klaus, and also
on Czech Prime Minister Mr. Petr Necas. Minister Sharma discussed
measures to deepen bilateral engagement with these Czech leaders.
Discussions focussed on sectors of mutual interest such as mining, auto,
heavy industries, power generating equipment and technical textiles.
Minister Anand Sharma held a bilateral meeting with Czech Minister of
Trade and Industry Mr. M Kuba during which both Ministers agreed to
double bilateral trade in 3 years to reach the level of two billion
dollars. Minister Anand Sharma invited the Czech Minister to participate
in the India Engineering Sourcing Show (IESS), in March 2013 as partner
country. The Czech Minister accepted the invitation. Both Ministers
agreed to launch Joint Working Groups (JWGs), in areas of skills and
innovation, heavy engineering, and life sciences and pharmaceuticals.
Later in the evening, Shri Anand Sharma participated at the Opening
Ceremony of the MSV International Engineering Fair alongwith Czech
President and senior members of the Czech government and dignitaries.
Addressing the ceremony, Minister Anand Sharma said, ‘India enjoys the
unique advantage of having multiple drivers of growth—demographic,
investment (backed by domestic savings), domestic consumption, as well
as exports and ample scope for FDI – all within a pluralistic and
democratic system. Minister Anand Sharma state that India’s plans for
mammoth infrastructure investments in the immediate future offers huge
opportunities for Czech expertise in power generating equipment, mining,
automotive and transport sectors. He also stated that at a time when the
world is in the midst of a global slowdown, countries must desist the
temptation of erecting newer trade barriers which will further deepen
recession and delay global recovery.
Shri Sharma exhorted the engineering leaders from the Czech Republic and
all other participating countries at the International Engineering Fair
to visit the India Pavilion and look at the immense opportunities that
exist in expanding economic co-operation with India particularly, in the
engineering and the manufacturing sector.
The “India Show" from 10-14 September, 2012 is being organized jointly
by the Ministry of Commerce and Industry and Engineering Export
Promotion Council (EEPC) India. The show has exhibits from various
sectors of Indian engineering showcasing the engineering transformation
that is currently in process in India.